It wasn't me. You can't prove anything.


2009-03-19

What exactly is an "executive bonus"

Notice that there is now a 90% tax bracket in the U. S.. This bracket is somehow related to "executive pay" or "executive bonuses". I do not know the details. Welcome to an overwhelming Democrat majority in our federal government. We look more and more like Europe every minute. There are taxes designed to punish success in Europe left and right.

This is how they get ya. Public outrage over public money being used to pay off a bunch of losers who should get docked for their performance, not rewarded has been whipped up by the media and our representatives. After things settle down people will not realize the 90% tax bracket on income that suddenly appeared.

This is how the income tax started. In 1905 people who made over $50,000 a year or more had to pay 5% to the government. That sounds reasonable in 1905 dollars. That must be like a million now. I'll have to find that calculator again. Every chance they get, they will lower the minimum and raise the percentage until voters squeal. Then they take one more bite just for good measure.

This progression in baby steps is called nickel and diming. The best time to get all this crazy trillion dollar spending done is when the fan is covered in shit and the populous is scared. Who cares if it doesn't fix anything because the normal business cycle will take care of that. Or not. If not, someone gets another shot at spending a bunch of money. Remember the Republicans and their version of fiscal responsibility? I do. My wallet still hurts.

What is the solution when you do not trust your government to have your best interest at heart? There are several. You can vote the bastards out. That hasn't work so far. You can over throw the government. That won't work because so many governments would pounce on an internally week U. S. that you would simply end up bringing her down for no good reason. You could vote in a tyrant. That causes stability many times, but no one but the tyrant gets what they want for a long time.

Well, I'm out of ideas. Any help is appreciated.

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